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veDAO Formally Launches a User Bounty Project to Fortify Its Community

Umair Younas by Umair Younas
January 17, 2023 - 11:57 am
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A decentralized financing and investment company veDAO has determined to enhance its community. The platform, to expand the participation from the consumers, started a bounty project comprising 1000 USDT tokens. The company is led by a DAO signifying that its governance is being carried out by its community. In this way, the project has been launched by the Community Governance Committee.

veDAO Introduces User Bounty for Actively Promoting the Platform

The bounty project is focused on persuading consumers to bring more and more customers to the platform. This would in turn spread out the span of the community of veDAO. The platform is also encouraging clients to promote the blockchain on regular basis to spread precious information regarding the firm across the crypto industry. On providing this service the consumers will be given particular rewards as a token of appreciation for contributing to the community’s development.

The platform has divided the 1000 USDT into three reward categories. One of them comprises “sharing rewards”. veDAO has allocated 400 USDT for this category. To earn sharing rewards, the consumers are required to share the latest news regarding the platform around their community circle for 3 days consecutively. In the category of sharing rewards, there are ten bronze awards equaling 100 USDT, five silver awards equaling 100 USDT, and one gold award equaling 50 USDT.

The remaining 150 USDT tokens will be averagely shared among the remaining consumers. The 2nd reward category deals with “invitation rewards.” 300 USDT is allocated for this. To obtain the rewards, each of the customers needs to bring 5 new people to the community through Discord and Telegram. All of the eligible consumers will share 300 USDT on average. The platform asserted that zombie and robot fans are invalid in this reward category.

The winners of the inviting rewards need to offer their Discord, Telegram, and Twitter accounts along with providing the series of particular invited consumers on getting the prize. The 3rd reward category takes into account “chat rewards”. The customers participating in this category require to communicate ten consecutive times on Discord and Telegram groups over three consistent days.

Customers Can Simultaneously Take Part in All Reward Categories

The top reward in this category contains 50 USDT. The 2nd reward comprises 100 USDT while the remaining 150 USDT is to be shared among the remaining consumers. The clients are allowed to take part in the above-mentioned activities simultaneously.

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Umair Younas

Umair Younas

Umair Younas is a cryptocurrency-related content writer linked with this work since 2019. Here, at Blockchainreporter, he serves as a news and article writer. He is a crypto, blockchain, NFTs, DeFi, and FinTech enthusiast. He has strong command over writing authentic reviews about brokers and exchanges and he has collaborated with our education team to write educational content as well. He has a dream to raise awareness among people about digital currencies. His works are well-researched and brimmed with information hence they provide fresh insights. Stay tuned to his posts if you want to stay up-to-date with the crypto-verse.

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